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20130209
Search Results 0 to 8 of about 9 (some duplicates have been removed)
and the technology industry. >> susie: the u.s. government wants as much as $5 billion from standard and poors, officially accusing the credit ratings agency of fraud during the housing boom. >> tom: and earnings from a trio of consumer stocks finds us spending money on eating out and watching tv. >> susie: that and more tonight on "n.b.r." >> tom: a bold new chapter for computer maker dell was opened today. michael dell said today he's taking the company he founded almost 30 years ago private. it's a $24.5 billion deal offering dell investors $13.65 per share. now, at one point, dell was the largest p.c. maker in the world, boasting market capitalization of more than $100 billion. now, it sits behind apple hewlett packard and lenovo valued a fifth of what it once was. ruben ramirez begins are coverage. >> reporter: michael dell admits he missed the consumer shift away from the p.c. to tablets and smartphones, but today's announcement his company is going private doesn't necessary address how dell is going to try to capture those markets. >> they want to continue to be a hardware player, but t
. weakness in technology shares helps derail a five-week runnup on wall street, we look at stocks and the individual investor. >> susie: and michael dell could be taking the computer company that bears his name private, as soon as this week. a look at what going private means for investors. >> tom: that and more tonight on "n.b.r."! >> susie: entirely without legal merit, that's what standard and poor's is calling a potential lawsuit by the department of justice, for s&p's mortgage bond ratings ahead of the financial crisis. these charges come five years after the financial crisis and would be the first alleging illegal behavior by a major ratings agency. as darren gersh reports s&p is fighting back. >> reporter: what took so long? that's the reaction from critics who have long argued standard and poor's gave a stamp of approval to flawed mortgage securities that helped bring on the financial crisis. >> it has to do with the unique role that ratings agencies play in the entire system of selling and distributing securities and the claims that they made about their role for which th
at a point where the technology is there to cripple a country, to take down our power grid system, to take down our government systems, take down our financial systems and literally paralyze the country. >> pelley: now, the pentagon set up a cyber command to practice both offense and defense on the computer battlefield. now cyber command is expanding five-fold, and we asked bob orr to look into who's behind the computer threat. >> reporter: despite its imposing facade, the u.s. federal reserve could not stop the latest attack. on sunday, hackers broke into a fed computer system then stole and published the private phone numbers of 4,000 u.s. bankers. that breach followed recent revelations that cyber spies had also infiltrated computer networks at three american newspapers: the "washington post," "wall street journal," and "new york times." investigators traced those attacks on the papers to government-backed hackers in china looking to monitor coverage of chinese politics. everyday, state-sponsored spies- - the majority from china-- are infiltrating key government and business computer ne
to move trains under the busy streets of new york city. that required a technological advance, electricity. >> which is why as we look behind us, nothing but bare- naked light bulbs because it was to shout out that this train system was all-electric. >> reporter: by the mid 1960's, the terminal had fallen into disrepair. the owner wanted to replace it with an office building. there was also a call to knock it down, which is what happened to the iconic pennsylvania station across town. but a famous american came to its rescue. >> i think we all realize how important it is to save these great and beautiful buildings. >> it wasn't until jacqueline kennedy onassis joined that fight and that fight took years, and the supreme court established a landmark conservancy act which saved it. >> reporter: that 1978 ruling cemented historical landmark laws across the country. >> which is the world's largest -- >> reporter: on his tour, brucker highlights the building's secrets. a tennis court on the fourth floor was once the studios for cbs news. >> cbs n
, thanks very much. while they debate how the droneson are being used, the technology behind them is advancing rapidly. today, drones used to attack targets are flown by remote control by pilots on the ground.d. but a new generation has no pilot at all; they can be completely guided by computer. david martin got a look at one of these today, a new stealth aircraft for the navy. >> reporter: it looks like a stealth bomber and can carry 4,000 pounds of weapons. but there's no pilot in the cockpit. navy captain jamie engdahl is director of what is called the x47-b project. >> it is an autonomous vehicle so it's flying itself. >> reporter: it looks an awful lot like a stealth bomber. >> it's a very unique aircraft.wf >> reporter: this afternoon, responding to a computer program, the x47-b, launched from a land-based catapult from a navy test facility in maryland.d so, how did that test go? >> the test went very well. and it's very significant, because this is the first time that we're actually doing catapult shots with a vehicle with nobody in the cockpit. >> reporter: the x47-b has
generation wireless technology called l.t.e. after initially having trouble meeting demand for chips, it said that's behind it. shipping giant united parcel service failed to deliver in the fourth quarter. while earnings per share were up from last year, they came in six cents per share shy of estimates, and it warned it expects a "below trend," economic recovery this year. despite offering to buy back more stock after its deal to buy a dutch delivery company was stopped by european regulators, shares fell 2.4%. three of the five most actively traded exchange traded products were higher, led by the russell test test test. and that's tonight's "market focus." >> susie: here's an interesting statistic: every minute, a business owned by women opens up. and here in the u.s., new female entrepreneurs are expected to help the job recovery. ruben ramirez looks at why women are finding it easier today to start a business. >> reporter: hewlett-packard may have gotten its start in a garage. but here in new york, this new business was born in the kitchen. this is pastry chef jenny mccoy and her busines
Search Results 0 to 8 of about 9 (some duplicates have been removed)